Sector: Telecommunications
The company is available at Interactive Brokers
Vodacom (JSE:VOD) is a leading African communications company providing a wide range of communication services, including mobile voice, messaging, data, financial and converged services to 116 million (including Safaricom) customers.
From its roots in South Africa, the company has grown its mobile network business to include operations in Tanzania, the DRC, Mozambique, Lesotho and Kenya. Its mobile networks cover a population of over 289 million people.
Through Vodacom Business Africa (VBA), the company offers business managed services to enterprises in 51 countries.
Vodacom is majority owned by Vodafone (60.5% holding), one of the world’s largest communications companies by revenue.
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The Congolose government has notified Apple of concerns that the company’s supply chain may be tainted by conflict minerals.
2024-04-25 14:17 +02:00
Telkom shareholders will soon vote on a plan to sell the group’s towers and masts to a consortium led by private equity firm Actis.
2024-04-22 10:17 +02:00
South African banks, telecoms operators and companies in other sectors are increasingly turning to satellite technology.
2024-04-16 13:42 +02:00
The Internet Service Providers’ Association has raised concerns about the planned cuts in fixed call termination rates.
2024-04-16 09:29 +02:00
MTN has expanded MoMo’s remittance network by adding 25 new wallet corridors across 10 African countries.
2024-04-15 14:06 +02:00
Telkom is hiking prices across many of its retail and small business products, including fibre and DSL internet services.
2024-03-28 13:59 +02:00
Telkom is establishing a technology committee at board level, which will be headed by director Herman Singh.
2024-03-27 13:04 +02:00
Cell C has improved, but MTN and Vodacom still dominate network experience ratings in the latest OpenSignal report.
2024-03-27 11:25 +02:00
Recent subsea cable breaks appeared to have an outsized impact on Microsoft cloud services. What really happened?
2024-03-25 14:08 +02:00
MTN Group increased its fintech transaction volumes by a third in its latest financial year.
2024-03-25 10:36 +02:00
Icasa has proposed slashing mobile and fixed call termination rates by as much as 83% over the next 16 months.
2024-03-22 12:33 +02:00
Telkom has reached an agreement sell Swiftnet in a deal that gives the towers unit an enterprise value of R6.75-billion.
2024-03-22 07:33 +02:00
Private equity firm Actis is in talks to buy Swiftnet, the mast and tower business owned by Telkom, sources said.
2024-03-20 13:58 +02:00
User reliance on legacy 2G and 3G networks is constraining the ability of network operators to migrate to newer technologies.
2024-03-20 13:48 +02:00
Vodacom Group is planning to cut jobs in South Africa, its biggest market, to help reduce costs.
2024-03-19 11:14 +02:00
Among other transactions, Remgro is fighting to get approval for a multibillion-rand fibre deal with Vodacom.
2024-03-19 10:59 +02:00
CIVH, the parent of Vumatel and Dark Fibre Africa, has reported a 97% plunge in headline earnings.
2024-03-19 07:33 +02:00
Widespread problems were affecting the internet in South Africa on Thursday due to undersea cable breaks.
2024-03-14 13:56 +02:00
Nkosana Makate has asked South Africa’s top court to dismiss Vodacom’s appeal in the “please call me” case.
2024-03-13 18:27 +02:00
Mobile operators have multiple partnerships with satellite service providers to test the various uses of the technology.
2024-03-13 10:59 +02:00
Vodacom Group and former employee Nkosana Makate plan to hold private talks on Tuesday.
2024-03-11 19:36 +02:00
Vodacom South Africa has partnered with Microsoft South Africa to provide free access to digital training courses.
2024-03-08 08:46 +02:00
Roux Marnitz, Bill Venter, Alan Knott-Craig and Jens Montanana are in the spotlight in episode 2 of TCS Legends.
2024-03-04 12:19 +02:00
Icasa has taken heed of industry criticism of proposed new data expiry rules, walking back its early draft plans.
2024-03-01 09:36 +02:00
Vodacom is seeking to overturn a supreme court judgment in the “please call me” matter, calling it “fundamentally flawed”.
2024-02-28 07:36 +02:00
Satellite broadband is years away from mass adoption, but direct-to-mobile is just over the horizon.
2024-02-27 15:24 +02:00
The second episode of TechCentral’s new video podcast series, TCS Legends, goes live on Monday. Here’s what’s coming.
2024-02-27 08:36 +02:00
Vodacom South Africa has blamed the price hikes on factors such as load shedding and vandalism on its sites.
2024-02-23 14:43 +02:00
Banking group Absa said the time is ripe for African fintech firms to consider public listings at home.
2024-02-22 09:15 +02:00
CubeSpace, a satellite specialist with roots at Stellenbosch University, has secured funding for global expansion.
2024-02-21 12:26 +02:00
The popularity of airtime advances is growing as consumers come under mounting financial pressure.
2024-02-20 12:12 +02:00
Well-known investor and businessman Duarte da Silva joins TCS Legends to discuss Jeremy Ord, Roux Marnitz, Alan Knott-Craig, Jens Montanana and Bill Venter.
2024-02-19 14:07 +02:00
The almost two decade-long legal drama between Vodacom and former employee Nkosana Makate is still not over.
2024-02-06 17:08 +02:00
Vodacom has decided to take its fight with Nkosana Makate, “inventor” of the “please call me” service, to the constitutional court.
2024-02-06 17:00 +02:00
Frogfoot and Vox have been ordered to hand over documents related to a probe into the fibre transaction involved Vumatel parent Maziv.
2024-02-05 14:56 +02:00
Vodacom Group, including Safaricom, has topped 200 million customers for the first time – doubling from 100 million in 2018.
2024-02-02 09:57 +02:00
A deal will be exceptionally difficult – if not impossible – to get over the line. So, why is Canal+ pursuing control of MultiChoice?
2024-02-01 09:58 +02:00
Cell C has appointed another former Vodacom executive to its leadership team, this time in the form of Darius Badenhorst.
2024-01-31 08:04 +02:00
TCL has consolidated its device offering into a single, coherent identity – and the brand has big plans for South Africa.
2024-01-25 16:07 +02:00
Converging technologies are shaping the future of industrial operations. Welcome to the industrial metaverse.
2024-01-24 12:25 +02:00
The deal will bring AI, digital, enterprise and cloud services to 300 million businesses and consumers in Africa and Europe.
2024-01-16 09:21 +02:00
Competition to deliver satellite mobile broadband connectivity from space is intensifying.
2024-01-09 15:26 +02:00
World Mobile Group recently launched its first “aerostat” in Massingir, Mozambique, in collaboration with Vodacom.
2024-01-03 15:24 +02:00
MTN Group has launched multiple satellite trials across Africa with Starlink, AST SpaceMobile and Lynk Global.
2023-12-19 12:56 +02:00
Foreign investor interest in Ethiopia’s telecommunications sector is cooling, sector experts have said.
2023-12-19 08:19 +02:00
TechCentral spoke to Cell C’s top executives for insight on the company’s recent recapitalisation – and what comes next.
2023-11-27 12:16 +02:00
Telkom has asked Icasa to postpone its next spectrum auction until 2025 because it’s worried it can’t afford to participate.
2023-11-21 20:15 +02:00
Telkom, which has already turned off its 2G network, will likely switch off 3G services soon, too.
2023-11-21 14:37 +02:00
Vodacom is experimenting with different forms of satellite connectivity but thinks direct to mobile will be most disruptive.
2023-11-17 12:34 +02:00
A Vodacom pilot is using a virtual twin of Cape Town to calculate optimal tower equipment configurations in real time.
2023-11-17 10:05 +02:00
Vodacom plans to phase out its “My Vodacom” smartphone app in favour of its VodaPay “super app” in the coming months.
2023-11-13 13:56 +02:00
Vodacom Group reported a 4.2% decline in half-year earnings, impacted by start-up losses in Ethiopia and higher interest rates.
2023-11-13 07:28 +02:00
Voice revenues generated by South Africa’s mobile operators are still sliding, new figures from MTN suggest.
2023-11-07 15:30 +02:00
Melon Mobile has become the latest South African telecoms provider to make voice calls effectively free of charge.
2023-11-07 10:52 +02:00
MTN Group has revised its estimate of unrealised foreign exchange losses in Nigeria.
2023-10-30 13:07 +02:00
JSE-listed MTN Group said it’s reviewing a demand by a Nigerian tribunal for unpaid taxes.
2023-10-25 18:04 +02:00
The CSIR has launched a company to commercialise its homegrown technology innovations.
2023-10-25 15:01 +02:00
Vodacom has agreed to pay a R1-million fine imposed on it over a contentious 75% contract cancellation fee policy.
2023-10-20 12:53 +02:00
Vodacom Group has agreed to a secondary listing on the A2X stock exchange.
2023-10-18 17:23 +02:00
The National Consumer Tribunal has fined Vodacom R1-million after finding that the operator contravened the law.
2023-10-18 16:50 +02:00
Electricity minister Kgosientsho Ramokgopa said South Africa has “turned a corner” in terms of electricity generation.
2023-10-10 09:29 +02:00
Vodafone Group said it has had made its first 4G calls using Open RAN as it invests in chipsets with Intel.
2023-10-09 15:33 +02:00
Virtual wheeling, being trialled by Vodacom and Eskom, could be one of the answers to the ongoing energy crisis.
2023-10-08 14:59 +02:00
Eskom has run a successful pilot of virtual wheeling. But what is it, and how could it change South Africa’s energy industry?
2023-10-04 14:48 +02:00
SpaceX will partner with e-commerce firm Jumia Technologies to expand its Starlink satellite broadband services in Africa.
2023-10-02 10:26 +02:00
Melon Mobile, the mobile virtual network operator, has introduced eSim support to its offering.
2023-09-27 08:40 +02:00
An apparent standoff over licensing rules in South Africa means the country’s northern neighbour is set to get Starlink first.
2023-09-21 12:36 +02:00
CIVH, the company whose investments include Vumatel and DFA, has reported a big jump in headline earnings.
2023-09-21 07:31 +02:00
Low-Earth orbit satellites promise to connect every corner of the planet. But could they also threaten mobile operators?
2023-09-13 12:00 +02:00
Blue Label Telecoms, which is seeking control of Cell C, plans to bring in a new strategic investor into the mobile operator.
2023-09-12 11:09 +02:00
Intelsat is betting on lower orbits as older industry players try to keep pace with upstarts like Elon Musk’s SpaceX.
2023-09-11 10:13 +02:00
The Unemployment Insurance Fund has launched a zero-rated mobile app and USSD platform to speed up its services.
2023-09-05 16:40 +02:00
Vodacom Group plans to offer access to Project Kuiper, the Amazon.com-owned low-Earth-orbit satellite network.
2023-09-05 14:19 +02:00
Vodacom and MTN are in a fight to deliver the best mobile network experience in South Africa, OpenSignal said.
2023-08-31 11:35 +02:00
Vodacom has signed a virtual wheeling agreement with Eskom to speed up efforts to solve the country’s energy crisis.
2023-08-31 08:53 +02:00
New Cell C CEO Jorges Mendes has called on Icasa to continue to skew call rates in the company’s favour.
2023-08-28 11:49 +02:00
Telkom appears to need more time than it anticipated to conclude a deal to sell its tower assets.
2023-08-24 13:19 +02:00
MTN South Africa is pushing deeper into financial services, offering funeral cover to South African consumers.
2023-08-24 10:31 +02:00
Vodacom and MTN want big internet firms to contribute a “fair share” for carrying data traffic over their networks.
2023-08-17 13:40 +02:00
MTN South Africa is targeting 99% network availability during stage-6 load shedding, the CEO of parent MTN Group said.
2023-08-17 10:18 +02:00
MTN South Africa will soon cough up the money still owing to the communications regulator from last year’s spectrum auction.
2023-08-14 11:00 +02:00
The Competition Commission’s decision to seek to block the Vodacom/Maziv deal is wrong, the Free Market Foundation said.
2023-08-13 14:15 +02:00
South African telecoms operator Vodacom`s earnings took a hit in the first half from start-up losses in Ethiopia but revenue growth benefited from the inclusion of Vodafone Egypt, which prevented further profit decline.
2023-11-13South Africa`s first virtual electricity transfer model is likely to go live by end of next year, a top government official said on Friday, a move that could rapidly ramp up renewable power consumption and reduce the burden on ailing state utility Eskom.
2023-10-06
South Africa`s MTN has agreed to sell a minority stake in its mobile money arm to payments giant Mastercard, it said on Monday, in a bid to expand its African fintech business.
2023-08-14
The South African government is close to announcing a deal with partly state-owned telecoms firm Telkom, communications minister Mondli Gungubele said on Tuesday, quashing speculation the government might sell its 40% stake in the company.
2023-07-25JOHANNESBURG (Reuters) -South Africa`s biggest mobile carrier Vodacom Group expects the country`s power crisis to continue to pose a key challenge for the company in the current year, even as it invests to mitigate the impact.
2023-05-15
South Africa`s biggest mobile carrier Vodacom Group expects the country`s power crisis to continue to pose a key challenge for the company in the current year, even as it invests to mitigate the impact.
2023-05-15JOHANNESBURG (Reuters) -Vodacom Group said on Tuesday its third-quarter revenue rose 14.8%, supported by the South African telecoms operator`s acquisition of Vodafone Egypt.
2023-01-31Democratic Republic of Congo authorities have sealed the offices and seized the accounts of the local branch of South Africa`s Vodacom over a tax dispute, the company said in a statement.
2022-12-09
South Africa`s World Cup-winning winger Sbu Nkosi, who had been reported missing by his club Blue Bulls for being absent without leave for three weeks, has been found safe and sound, the Pretoria-based team announced on Monday.
2022-12-05
South African telecoms operator Telkom is to rein in spending to cope with rising costs after reporting a 17.9% fall in half-year core profit.
2022-11-23
South African telecoms operator Vodacom Group`s half-year headline earnings fell 9.5% due to start-up losses in Ethiopia and higher finance costs, but it expects core profit to improve in the second half, it said on Monday.
2022-11-14South Africa`s Vodacom moved a step closer to a considerable expansion of its fibre footprint after the country`s telecoms regulator approved the transfer of Dark Fibre Africa`s licences to the mobile operator.
2022-11-09
Vodacom Group will retain full ownership of a new subsidiary that will take over its South African tower business, the telecoms company said on Thursday, announcing a 5.2% rise in first-quarter revenue.
2022-07-21
South African mobile group MTN is in talks to buy smaller rival Telkom in a stock or cash-and-shares deal that would leapfrog market leader Vodacom Group.
2022-07-15
JOHANNESBURG (Reuters) -South African mobile group MTN is in talks to buy smaller rival Telkom in a stock or cash-and-shares deal that would leapfrog market leader Vodacom Group.
2022-07-15
* Likely to face push back from regulators (Adds context, analysts)
2022-07-15
* Launching in Ethiopia later this year (Recasts with new services growth targets)
2022-05-16JOHANNESBURG (Reuters) -South Africa`s MTN Group Ltd said on Thursday it would exit Yemen, as Africa`s largest mobile operator pursues a plan to leave the Middle East and focus on core operations.
2021-11-18
South Africa`s MTN Group Ltd said on Thursday it would exit Yemen, as Africa`s largest mobile operator pursues a plan to leave the Middle East and focus on core operations.
2021-11-18
* Half-year headline earnings per share fall 5.1% (Recasts throughout)
2021-11-15
South Africa`s telecoms regulator, ICASA, said on Wednesday it will license provisional radio frequency spectrum to prevent any connectivity disruptions while it finalises a permanent auction, which has been mired in court battles.
2021-11-10
* Vodacom also buys S.African fibre network firm (Adds deal details, separate fibre deal)
2021-11-10MTN Group Ltd will begin book-building this month for a public offer to sell up to 575 million shares in its Nigeria business, South Africa`s biggest telecoms operator said on Thursday, as it reported higher third-quarter revenue and core profit.
2021-11-05
South Africa`s two biggest mobile operators, MTN and Vodacom, have joined number three Telkom in a lawsuit to stop the regulator withdrawing temporary frequency spectrum assigned at the start of the COVID-19 outbreak.
2021-10-18
South Africa`s third-biggest telecom company Telkom said on Wednesday it has appointed the head of its consumer business, Serame Taukobong to be group Chief Executive Officer designate with effect from Oct. 1.
2021-08-04
South Africa`s Vodacom Group said on Tuesday about 70 businesses had signed up or committed to the mobile operator`s new digital financial services "super app" that promises to be a one-stop shop for online transactions.
2021-06-29
South Africa`s MTN Group will bid again for an Ethiopia operating telecom licence in the second round if mobile financial services are included, its CEO said on Friday after losing the first round.
2021-06-04Mobile operator MTN Group on Wednesday posted a near 18% jump in first-quarter revenue, led by a double-digit growth in commercial operations across South Africa, Nigeria and Ghana.
2021-05-05Ethiopia`s finance ministry said on Monday it had received two bids, from South Africa`s MTN and a consortium including Kenya`s Safaricom, for new telecoms operating licences.
2021-04-27
South Africa`s telecoms regulator ICASA will appeal a court order restraining it from proceeding with auctioning much needed-spectrum, it said on Tuesday.
2021-03-09South Africa`s high court on Monday ordered telecoms regulator ICASA to halt an auction of radio frequency spectrum licences pending a hearing on contentions raised by operator Telkom and broadcaster e.tv.
2021-03-09
South Africa`s telecoms regulator on Monday pushed back the announcement of the qualifying bidders for its long-awaited auction of new spectrum by a month to March 23, just a week before the sale had been due to be completed.
2021-02-22South African mobile operator Vodacom Group Ltd said on Tuesday its third-quarter group service revenue grew nearly 4%, boosted by growth in the domestic market, while it invested 3.4 billion rand ($226.22 million) in its network across the group.
2021-02-02
South Africa`s telecoms regulator said on Friday it will challenge a court application by MTN Group seeking to review or scrap the regulator`s auction process for awarding spectrum vital for rolling out 5G technology.
2021-01-29South African mobile network operator MTN Group has asked the Gauteng High court to scrap or review the telecom regulator`s auction process for awarding spectrum vital for rolling out 5G technology.
2021-01-29
A conspiracy theory linking 5G mobile telecommunications masts to the spread of the coronavirus is baseless and fake, South Africa`s telecom regulator said on Monday after towers in KwaZulu-Natal province were torched last week.
2021-01-11About three telecommunications towers belonging to Vodacom and MTN were burnt this week following a resurgence in conspiracy theories which link the emergence of COVID-19 to 5G technology, South Africa`s communication minister said on Thursday.
2021-01-08
South African mobile operator Vodacom Group reinstated its medium-term targets on Monday on expectations of an improving economic outlook but nudged its operating profit forecast lower with customer finances likely to remain strained.
2020-11-16
* ICASA to hold country`s first-ever spectrum auction by end March
2020-09-30
South Africa`s telecom operator Telkom has branched into the competitive space of financial services by launching a life insurance business that it said will initially sell funeral insurance.
2020-08-02South Africa`s MTN Group expects first-half sales to double, beating analyst estimates, the company said on Friday, sending its shares up more than 7%.
2020-07-24
* First-half headline earnings per share expected to be up 100%
2020-07-24Vodacom Group plans to create a `super app` in partnership with digital payment provider Alipay, part of China`s Alibaba group , to allow consumers in South Africa to shop online, pay bills and send money to family from next year.
2020-07-20
South Africa`s telecoms regulator ICASA said on Thursday it is preparing to issue an invitation to apply (ITA) for high demand spectrum and the Wireless Open Access Network (WOAN), a significant step towards the rollout of 5G across more of the country.
2020-07-02
South Africa`s third-biggest telecom operator, Cell C, plans to hive off assets into a new special purpose vehicle (SPV), the country`s competition watchdog said on Thursday, as part of a plan to restructure the company`s debt.
2020-05-21
South African telecoms company Cell C plans to hive off some assets into a new special purpose vehicle called Gatsby, the country`s competition watchdog said on Thursday, adding that it has approved the plan subject to conditions.
2020-05-21
Loon, a unit of Google`s owner Alphabet Inc , which uses high-altitude balloons to provide mobile internet to remote areas, has signed a deal with Vodacom to expand the South African mobile operator`s network in Mozambique.
2020-05-13
* Postpones issuing medium-term guidance due to COVID-19 uncertainty
2020-05-11
South African mobile operator Vodacom Group reported a 8.9% rise in annual earnings on Monday, buoyed by an improved second-half performance in its domestic market and the sustained growth of its international businesses.
2020-05-11
Mobile operator Vodacom Group said on Monday it had switched on Africa`s first live 5G mobile network in three cities in South Africa, with further rollouts planned in other parts of the country.
2020-05-04
South Africa`s MTN , Vodacom and Telkom have been granted additional emergency spectrum to deal with a spike in data demand during the coronavirus outbreak, the country`s telecoms regulator said on Friday.
2020-04-17
* Short-term debt, no repayments due in 12 months (Adds details)
2020-04-16
South Africa`s Vodacom Group will spend more than 500 million rand ($27 million) over two months to increase network capacity as traffic surges across its mobile and fixed networks during the national lockdown.
2020-04-15Kenya`s leading telecom firm Safaricom and South Africa`s Vodacom said on Monday that they had completed the acquisition of popular mobile money platform M-Pesa from Britain`s Vodafone .
2020-04-06
South African insurance company Discovery and mobile operator Vodacom are teaming up to offer a free, online doctor consultation service to all South Africans with coronavirus-related concerns.
2020-04-01
South Africa is considering giving telecoms companies increased spectrum, or airwave capacity, as millions of people switch to home working, testing networks and driving up data traffic, the communications minister said on Wednesday.
2020-03-25
South African telecoms firm Vodacom Group has agreed to reduce the cost of its data offerings by as much as 40%, following a finding that the country`s mobile data prices were the highest on the continent, the watchdog said on Tuesday.
2020-03-10Vodacom Group expects to offer 5G mobile services to its South African customers this year by using a network being built by another African operator Liquid Telecom, Vodacom Chief Executive Shameel Joosub said on Tuesday.
2020-02-04South African telecoms company Telkom SA told unions on Wednesday it could cut up to 3,000 of more than 15,000 staff as it struggles with declining performance in fixed voice and fixed data services.
2020-01-15
South Africa`s rand clawed back some lost ground on Wednesday with renewed optimism that China and the United States would strike a trade deal outweighing a surprise third-quarter contraction in the local economy.
2019-12-04
South African telecoms group MTN said on Wednesday it would "vigorously" oppose recommendations of the Competition Commission after the regulator instructed MTN and rival Vodacom to lower data prices.
2019-12-04
* Vodacom, MTN may face prosecution if they don`t comply (Adds details of report, share price, MTN and Vodacom comment)
2019-12-02
South Africa`s rand powered to a 5-week best as a contraction in the U.S. manufacturing sector boosted bids for risk and emerging markets` currencies and fuelled bets the Federal Reserve would cut lending rates.
2019-12-02
South African mobile operator Vodacom Group said on Thursday its Chief Financial Officer Till Streichert will leave the company in June 2020 to pursue an external opportunity.
2019-11-28
South Africa`s Telkom SA said on Friday it was in talks about a potential takeover of Cell C, the country`s third biggest mobile carrier, hitting shares in Cell C majority shareholder Blue Label Telecoms.
2019-11-15
South African mobile operator Vodacom on Monday reported an 18.9% rise in half-year profits, partly reflecting the absence of one-off costs related to a share scheme offered to black investors.
2019-11-11Kenya`s Safaricom plans to bid for one of two Ethiopian telecoms licenses next year in partnership with South Africa`s Vodacom , it said after posting a jump in first-half profit on Friday.
2019-11-01
South African mobile phone operator Vodacom Group will spend more than 9 billion rand ($589 million) this year on network enhancements particularly in rural areas in its home market, its Chief Technology Officer said on Thursday.
2019-08-15South African mobile phone operator Vodacom Group Ltd on Thursday reported a 4% rise in first quarter revenue as growth from its international business offset a lacklustre performance at home, sending its shares up 2%.
2019-07-25
South African mobile phone operator Vodacom Group Ltd said on Friday it had entered into agreements to sell some of its Business Africa operations, which offer business-managed services to enterprises.
2019-06-21South African Airways` CEO Vuyani Jarana has resigned after less than two years in the job, saying his turnaround strategy for the loss-making airline was being undermined by a lack of state funding and too much bureaucracy.
2019-06-02
* Says lack of state funding, bureaucracy hinder turnaround plan
2019-06-02
South Africa`s mobile phone operator Vodacom reported a 6.6% drop in full-year earnings due to one-off costs related to a share scheme offered to black investors.
2019-05-13
State-owned South African Airways (SAA) has reached an agreement in principle with lenders to roll over $642 million of debt, its CEO said on Tuesday, giving him room to execute a turnaround aimed at weaning the airline off government bailouts.
2019-04-30
* In talks with govt to sell majority stake in Air Chefs (Recasts with debt rollover talks)
2019-02-18
South African mobile network operators Vodacom and Telkom on Wednesday welcomed a government decision to withdraw a bill, which proposed taking back licensed spectrum from operators and forcing them to share a national network.
2019-02-13A settlement offered by South African mobile telecoms provider Vodacom to a former employee drew tens of protesters on Thursday calling for a better deal.
2019-02-01
South Africa`s rand rose to a near one-week high against the dollar on Thursday as risk-taking crept back into markets, while a slump in mobile operator Vodacom`s shares dragged the bourse lower.
2019-01-24
South Africa`s Vodacom on Thursday reported a slowdown in quarterly group and service revenue growth sending shares in the mobile phone operator down 8.6 percent at the market open.
2019-01-24
* Stocks rebound from worst single-day fall since August (Adds latest prices, analyst comments, stocks)
2019-01-03
South Africa`s rand firmed against a weaker dollar on Wednesday after U.S. midterm elections split Congress, lowering the chance of any major U.S. fiscal policy boost soon.
2018-11-07
South African President Cyril Ramaphosa declared himself in economic "repair mode" at a major investment conference on Friday as the country raised a total of $55 billion from investors to help haul itself out of recession.
2018-10-26
* Declares "investment strike over" as pledges stack up (Adds new Ramaphosa quotes, details)
2018-10-26
